Plan Ledger DOL Form 5500 · updated monthly

Sourceday, Inc.401(k)

SOURCEDAY, INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

Sourceday, Inc. reported $5,370 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.07% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,619th of 5,688), and 10,580th of 11,654 in professional & technical services. active participation has shrunk from 113 to 59 since 2022.

Plan summary
Net assets, end of year$2,890,122
Participants with balances97
Active participants59
Employer contributions—
Employee contributions$666,566
Employer contribution per active participant—
Average account balance$29,795
Benefits paid to participants$918,234
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 97 accts
2023$2.8M · 155 accts
2022$2.0M · 145 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,370
Total administrative$5,370
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$5,369

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,370 · 0.19%
2023$1,658 · 0.07%
2022$1,050 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Texas
Talkwalker, Inc. TX$3.1M · 0.69%
Cariloop TX$3.1M · 1.10%
Delta Delta Delta TX$3.1M · 0.80%
Scott & Associates PC TX$3.0M · 1.55%
The 20, LLC TX$2.8M · 0.10%
Austin Csi, LLC TX$2.8M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463054047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.